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What is your min Cap Rate requirement on a 20-30 unit residential?Also consider these units are NOT new and are in good maintained condition. Vacancy rate is 5%. Rents are just about maxed out. I use Cap Rates as a qu...
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I've learned the individual who sold me a 4-plex on owner carry a few years passed away a month ago. The promissory note will transfer to his only child and he wasn't married. He was a fine, personable older fellow bu...
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We are in the process of getting another personal residence and I'm considering renting the one we live in currently out. We did this with our first home which was a starter home and was more of a no-brainer. This was...
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looking into getting a dscr loan 80% ltv.$120k down paymentDebt service PITI will be $4600/mo Gross rents $11000/moratio of 2.39My credit is 750 Unless im missing something, i should be able to get a DSCR mortgage on...
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This week we've got another great new Podcast featuring a familar face from the BiggerPockets Forums, Brian Burke. Brian is a full-time real estate investor that currently has hundreds of rental units and flips more t...
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I certainly have my own thoughts, but interested to hear yours! In particular regarding low inventory, higher interest rates, potentially changing commission structures...the issues of today, if you will 🙂
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After deciding to get into real estate (after reading Rich Dad Poor Dad, just needed to read the first chapter and I knew what I needed to do) I set up a meeting with a real estate agent/lender to go over investing op...
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Hi I am trying to learn more about tax increment financing.1) What is it2) Who can apply for it3) What types of properties can benefit from the strategy4) Does it replace financing through a bankPlease share your exp...
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I recently discovered mold in one of the rooms in my house had come back, and it's worse than before. I have been doing more research into DIY mold removal, and most people advise using a bleach and water solution. I ...
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Hi- I'm just getting started with building my real estate portfolio and am seriously considering Cape Coral Florida as a starting point (new construction). The pro formas I have looked at from my turnkey provider for...